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South Korea to finalize $30M in export deals at Gyeongju business event ahead of APEC summit.
South Korean firms are expected to finalize $30 million in export deals during a two-day business event in Gyeongju ahead of the APEC summit, focusing on consumer goods, AI road safety, educational devices, and heavy machinery parts.
The event, involving around 500 companies, aims to boost trade, supply chain, and infrastructure cooperation.
Additional forums are planned in October.
In August, South Korea’s retail sales rose 3.7% year-on-year, led by a 10.5% jump in online sales for food, cosmetics, and services, while offline sales dipped, with discount stores down 3.1% amid a delayed Chuseok holiday.
Convenience stores and department stores saw gains of 1.1% and 2.8%, respectively, supported by government coupons and summer heat-driven fashion demand.
Corea del Sur finalizará 30 millones de dólares en acuerdos de exportación en un evento de negocios en Gyeongju antes de la cumbre de APEC.